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Prices of textile items increase in August
28
Sep '11
Prices of Spanish textile items increased in August by 6.4 percent on the Industrial Price Index (PPI). This was the fifth consecutive month that the annual increase in textile prices maintained an increase of more than 6 percent.

However, the growth in textile price index is lower than the average rise in the PPI of 7.1 percent during the month, according to the data of the National Statistics Institute (INE).

The apparel industry also recorded a rise in prices in August and the prices rose by 0.3 percent year-on-year, same as in July.

During the January-August period of 2011, the average increase in prices of textile items has been 4.5 percent, while the Spanish industry as a whole registered a total average price increase of 4.9 percent. The prices of the garment sector increased at an average of 0.6 percent during the first eight months of the current year.

Category-wise, prices of yarn rose by 15.3 percent, fabrics by 8.5 percent and other textiles by 3.7 percent.

Fibre2fashion News Desk - India

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